Justin Bieber's $1.3M NFT buy now worth ~$12K 📉$ETH

In Jan 2022, he paid 500 ETH for a floor Bored Ape. At the peak, BAYC floor prices neared $430K. Today, the market has cooled drastically, with many blue-chip NFTs down over 90%.

A stark reminder of the NFT boom and bust cycle.

#JustinBieber #NFTs #BAYC #CryptoWinter